Elys Network

2 reviews, 0% of them positive.0% positive · 2 reviews· Influence factor 7, above 1% of accounts

The record

From 2 activities · May 2026

A DeFi protocol originally built in the Cosmos ecosystem offering perpetuals and LP features that closed and migrated to Base under a new account; faced criticism for farming testnet users followed by a poor airdrop, though the ecosystem pivot was viewed by some as strategically sound.

What people say

Received · 2 Given · 0

“Closed DeFi project”This account belongs to a project that was being built in the Cosmos ecosystem. It was a DeFi-oriented protocol: perpetuals, LP, etc. The team faced the consequences of the ecosystem's stagnation and after some time migrated to Base, launching a new account, [Ryze](https://app.ethos.network/profile/x/Ryze_Protocol). In my opinion, this was a smart move given the state of Cosmos today.

ZET · 1535· 6mo ago · neutral233

“Bad project”They farm user with their testnet and then drop very bad airdrop.

MHzz · 1294· 1y ago · negative6

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